Wirecard AG (HAM:WDI) Change In Receivables: €-203 Mil (TTM As of Sep. 2019)

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HAM:WDI Wirecard AG HAM:WDI
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What is Wirecard AG Change In Receivables?

Wirecard AG HAM:WDI -1.47% 10 Change In Receivables is €-203 Mil as of Sep. 2019. GuruFocus rates HAM:WDI with a GF Score™ of 10/100.

Wirecard AG's change in receivables for the quarter that ended in Sep. 2019 was €26 Mil. It means Wirecard AG's Accounts Receivable declined by €26 Mil from Jun. 2019 to Sep. 2019 .

Wirecard AG's change in receivables for the fiscal year that ended in Dec. 2018 was €-345 Mil. It means Wirecard AG's Accounts Receivable increased by €345 Mil from Dec. 2017 to Dec. 2018 .

Wirecard AG's Accounts Receivable for the quarter that ended in Sep. 2019 was €292 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Wirecard AG's Days Sales Outstanding for the three months ended in Sep. 2019 was 36.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wirecard AG's liquidation value for the three months ended in Sep. 2019 was €-626 Mil.

Wirecard AG  (HAM:WDI) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Wirecard AG's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=291.5/731.5*91
=36.36

2. In Ben Graham's calculation of liquidation value, Wirecard AG's accounts receivable are only considered to be worth 75% of book value:

Wirecard AG's liquidation value for the quarter that ended in Sep. 2019 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3839-4686.7+0.75 * 291.5+0.5 * 7.1
=-626

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Wirecard AG Change In Receivables Related Terms

Wirecard AG Change In Receivables Historical Data

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The historical data trend for Wirecard AG's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Wirecard AG Change In Receivables Chart

Wirecard AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -74.84 -70.23 -77.89 -99.20 -344.90

Wirecard AG Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -138.50 -110.20 -124.50 5.30 26.00
HAM:WDI
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Wirecard AG HAM:WDI
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Wirecard AG Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was €-203 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of €-203 Mil mean?
Wirecard AG (HAM:WDI) has a Change In Receivables of €-203 Mil as of Sep. 2019. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Wirecard AG and its competitors.
Is Wirecard AG's Change In Receivables too high?
Wirecard AG's current Change In Receivables is €-203 Mil. Overall, Wirecard AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Wirecard AG's Change In Receivables compare to CRM and INTU?
Wirecard AG's Change In Receivables of €-203 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Software company?
A good Change In Receivables depends on the Software industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Wirecard AG and its competitors. Wirecard AG's current Change In Receivables is €-203 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wirecard AG stock overvalued right now?
Wirecard AG (HAM:WDI) has a current Change In Receivables of €-203 Mil. The current Change In Receivables is €-203 Mil. Wirecard AG's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Wirecard AG (HAM:WDI), the current Change In Receivables is €-203 Mil as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wirecard AG Business Description

Address Einsteinring 35, Aschheim, DEU, 85609
Wirecard AG is a Germany-based provider of software solutions to the financial services industry. The firm's operations are organized in three segments: Payment Processing and Risk Management, which offers electronic payment processing services; Acquiring and Issuing, which issues credit cards and statements for payments and transactions; and Call Center and Communication Services, which offers relationship management services to corporate customers. The firm has operations in Europe, the United States, and the Asia-Pacific region.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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